Shiba Inu Burn Portal Is Live; Offering Ryoshi Rewards For SHIB Burns.

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Shiba Inu Burn Portal Is Live; Offering Ryoshi Rewards For SHIB Burns.

 Now ShibArmy  can burn SHIB through a more centralized area, the burn portal.

“By removing SHIB from the supply, holders hope this increased scarcity will eventually drive up the price.”-- MILKSHAKE

The burn portal is hosted on the ShibaSwap. It lets SHIB holders send their SHIB tokens to a burn (dead) wallet address to remove the tokens out of circulation.  Many other token holders can also swap their token to SHIB and burn it via the portal.  Burners will be rewarded with Ryoshi rewards based on the percentage they contributed to the burn pool. Since the burn portal’s launch, over 350 million SHIBs were burned. 

Burners will also collect passive income rewards. For example, burners will be able to collect 0.49% of Royoshi transactions. Other token system will also be able to use the burn contract and allow burners to collect their own token rewards.  Many SHIB holders see this burn portal as a great transparent way to burn SHIB and stop scammers or exploiters from exploiting the SHIB burn movement.

To get started with burning SHIB via the burn portal, please visit SHIBASWAP           

Disclaimer: Our articles are for educational purposes only and NOT financial advice. For your own personal investment decisions, please do your own research and consult a financial advisor. Good luck investing.

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